No sooner had he set up a CARP web site, but another debt buyer was offering to sell Oliver nearly $15 million worth of medical debt for less than $60,000.
So CARP bought the debt of nearly 9,000 people — just so Oliver could forgive it.
John Oliver is known for demystifying complicated issues to get his Last Week Tonight audience riled up.
He started out, in his entertainingly enraged way, by explaining how banks sell debt to other business for pennies on the dollar.